Stocks Show Jerome Powell Is Still Wall Street’s Head of State
Jerome Powell, chairman of the U.S. Federal Reserve, wears a protective mask during a House Financial Services Committee hearing in Washington, D.C., U.S. (Photographer: Tasos Katopodis/Getty Images/Bloomberg)

Stocks Show Jerome Powell Is Still Wall Street’s Head of State

(Bloomberg) -- Hopes for a fat new package of government spending to plump the American economy looked to be a casualty of the election, with odds pointing to divided government. That left Jerome P...
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